Cost of Living: Hickory, NC vs Las cruces, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hickory | Las cruces |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $274,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1325 | $1280 |
Housing Comparison: Hickory vs Las cruces
- The median home price in Las cruces is higher at $295,000, compared to $274,000 in Hickory.
- The rent for a two-bedroom apartment is equal in both Hickory and Las cruces at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hickory | Las cruces |
|---|---|---|
| Electricity Price | $13.72 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $150 | $200 |
Utilities Comparison: Hickory vs Las cruces
- Las cruces has higher electricity costs at $14.44 per kWh, versus $13.72 in Hickory.
- Natural gas price data is currently unavailable.
- Las cruces has higher utility expenses, averaging $200, while Hickory averages $150.